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Heroes Del Chaco Group
In this Group: Francisca, Julia, Salomina , Adela , Natividad, Lidia , Lucia , Esperanza
The “Heroes del Chaco” (Heroes of the Chaco Region) communal bank has launched its 1st loan cycle with Pro Mujer (Pro-Woman), as part of the Panamericana office. The group consists of 8 members and is managed by a directing committee led by Francisca. The businesses the members practice are varied, including launching cattle-raising, weaving blankets, apprentice brick layer, sewing jackets, a barber shop, and selling deep-fried tortillas.

Francisca reports that this is the 1st time she has worked with Pro Mujer and that the group was initiated at the invitation of a promoter in the zone. At present, she is attempting to begin cattle-buying and raising. She purchases her livestock in La Ceja and later sells them in her village. This type of work permits her to generate resources to help her family. Francisca is married and has 8 children.

When asked what she likes best about Pro-Mujer, she responded that she likes the loan system.
View original language description ↓
La A.C. “HEROES DEL CHACO” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Francisca. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Inicio de negocio de ganado, trenzado de mantas, ayudante de albañil, costura de chamarras, peluquería, venta de tostados.

La señora Francisca, indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora en la zona. En la actualidad ella pretende iniciar un negocio de crianza de ganado (compra de ganado) que adquirirá de la Ceja y posteriormente lo venderá en su pueblo. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene ocho hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el credito.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,393,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Heroes Del Chaco Group's $1,725 loan helped a member buy cattle to raise and sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012